WisdomTree PHLX Semiconductor 3x Daily Leveraged (3SEM)

Profile

WisdomTree PHLX Semiconductor 3x Daily Leveraged is a fully collateralised, UCITS eligible Exchange Traded Product (ETP) that provides investors with three times the daily performance of the PHLX Semiconductor Sector Net Total Return Index. This index tracks companies primarily involved in the design, distribution, manufacture, and sale of semiconductors, serving as a key benchmark for the sector. The ETP uses a fully collateralised swap replication method, backed by physical assets held in segregated accounts, with BNP Paribas Arbitrage SNC as the swap provider. Structured as a debt security issued by WisdomTree Multi Asset Issuer PLC and domiciled in Ireland, it offers transparent performance, liquidity through exchange trading, and multiple authorised participants and market makers. Designed for sophisticated investors understanding daily rebalancing, leverage effects, and compounded returns, it magnifies both potential gains and losses from semiconductor market movements. The base and trading currency is USD, with features like intraday restrike thresholds to manage extreme volatility.